KYC Due Diligence Officer

NATHAN & NATHAN

Dubai

AED 200,000 - 400,000

Job description

To bring KYC profiles of a specific number of clients to the onboarding standards
Review policies & procedures along with cross-referencing against local regulations.
Locating and collating the available CDD on file. Review existing CDD & determine what is missing
Review if the documentation is meeting the compliance and regulatory timelines
Perform a gap analysis of the available documentation
Reaching out to clients for missing CDD (email and phone) and work closely with the Client Services /Operations UAE team to align on client communication /client contact
Perform a high-level risk assessment on the data received
Rename documentation following agreed naming criteria and ensure the latest documentation and client correspondences are files on the required document management system.
Update the required systems with all the client data (Improve data quality) and ensure the data is stored in the required area as per the naming convention guidelines.
Input all data into our client entity system for all entities, relevant related parties and underlying assets and creating the required cards.
Populate linked key person profile forms.
Test and confirm that automated overnight screening is enabled.
Ensure all data is up to date and uploaded
Ensure close alignment with the MLRO to ensure the CDD is up-to-date and complete
Prepare files for onboarding to be reviewed & approved by local MLRO. File to include Risk Assessments, CTO & Screening results along with filling in GBAC (Global Business Acceptance Committee) forms as applicable.
Align closely with the MLRO and project lead as well as the Client Services/Operations UAE team
Update the trackers with the status per client